It has been revealed that credit card companies are continuing their practice of increasing interest rates on borrowers who have never made a late payment.
Some of the worst cases are examples of credit card companies putting up rates on borrowers who have never made a late payment by as much as 100%. That could mean […]
Credit Rate Rise Shocker
Friday, May 2nd, 2008How you can avoid the crunch
Friday, May 2nd, 2008With banks and credit card companies tightening their belts when it comes to lending an increasing number of us are finding it more and more difficult to secure credit, however there are a few steps you can take in order to avoid becoming a victim of the credit crunch as well.
One of the easiest ways […]
Victims of the credit cruch
Friday, March 28th, 2008Credit card companies have begun to target borrowers who don’t have a blemish on their credit records as they tighten up on credit lending. It has been reported that some credit card companies have begun to impose punishing interest rate rises on borrowers who they believe are on the verge of struggling.
Credit card companies’ look […]
Is this the end of cheap credit card deals?
Thursday, February 21st, 2008For years the average UK resident has been inundated with offers of cheap credit. Credit cards, tenant loans, secured loans, car loans, mortgages and store cards have all been offered with very little safeguards and almost everyone was free to take on as much credit as they felt they wanted. Where this was really seen […]
What to remember when using a Cash Back credit card
Wednesday, February 20th, 2008A lot of customers have been attracted to some new cash back credit cards which now offer up to 4 per cent back on every pound you spend on the card. The reason credit card companies can offer you back so much money is that they get paid by the merchant for the transaction. While […]
Things to watch with Halifax Bank of Scotland
Thursday, January 10th, 2008If you are a Halifax Bank of Scotland customer, there are a couple of points to look out for, according to a new survey published by the Daily Mail. For example, Halifax Bank of Scotland offers the best rate on high interest current accounts with a whopping 6% on balances up to £2,500 before tax. […]
Barclays, the good deals, and the not so good deals
Thursday, January 3rd, 2008A new survey published by the Daily Mail has found some very interesting offers that are available at the moment from Barclays. While some of the deals that are offered by Barclays are among the best in the market, the survey also found some very poor offerings from the company.
For example, if you are looking […]
House buyers may finally be the ones in power
Wednesday, December 5th, 2007Home property experts Rightmove are reporting that the balance of power may have finally switched from the being in the hands of the seller to being in the hands of the buyer.
Recent house price figures show that prices have fallen by 0.1% in London. This is the first signs of a slowdown in house prices […]
Debt Management
Wednesday, December 5th, 2007As more and more of us sink into debt, we begin to wonder what all of the fuss is about. Most people carry more debt than their parents, but they also live a much better lifestyle. Two people working out of the home is a major social shift, but the advances in social status, education […]
What Credit Card is right for me?
Tuesday, October 23rd, 2007These days everyone buys on credit. Britain’s love affair with credit cards has driving so many of us into deep debt over the past decade. So if you are thinking of getting a new credit card it is important to choose the right one for you since there are so many options available. You have […]
